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Cable Update (GBPUSD)

  • #776,801
  • Sep 20, 2023 1:19pm Sep 20, 2023 1:19pm
Quoting TheWraith
{quote} I follow both of them on YouTube. They post every few days and they are the best I could find. You can also buy Trends Journal (I think it's 2 USD monthly which is ridiculous). Do some research about Gerald Celente, guy is insanely good at delivering all the important news and what will happen in the future. If you do some research, you'll see he has got things right many times!
thanks mate
  • #776,802
  • Sep 20, 2023 1:20pm Sep 20, 2023 1:20pm
Two things to remember: 9th week of Dollar Strength, USD/JPY may be intervention soon from BOJ, could mess things up, also on GBP/USD.
Nice potential for a flip now: First aim would be 1.2430.

Today should be ending below 1.2333, else reversal possible. Let's see if FED talk brings the GBP/USD down. I don't think so. I'm really curious about last numbers, especially PPI what they say to the high numbers. I think they only could strengthen dollar more if they say they COULD imagine to raise interest rates one more time due to recent numbers. Else I think dollar strength will end this evening. Let's see.
  • #776,803
  • Sep 20, 2023 1:21pm Sep 20, 2023 1:21pm
Quoting TheWraith
Today might be the last rally against JPY before Japan intervenes... I started to put Sell Stops... not gonna wait forever..

dont put too much faith in BOJ...this time theyre going at it alone dumping dollars not like the coordinated event to save england from liz truss LOL

BOJ may just expell a wet fart
short trump and go long the deepstate
  • #776,804
  • Sep 20, 2023 1:25pm Sep 20, 2023 1:25pm
Quoting JereMi256
{quote} Added longs SL adjusted to 1.2337 for all added positions {image}
One way ticket, hold them or fold em.

Done adding, waiting for press conference now...
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Face 'ur fears & tame 'ur greed
  • #776,805
  • Sep 20, 2023 1:28pm Sep 20, 2023 1:28pm
Just got 10$ profit after going long when the GBP/USD dipped. I guess it was a smart move as a beginner.
Secret to the Price Action is Liquidity.
  • #776,806
  • Sep 20, 2023 1:28pm Sep 20, 2023 1:28pm
Quoting Zebi
placing sell limits at 2406 and 2420 again

i forgot im keeping my 2435 and 2445 ordewrs in
short trump and go long the deepstate
  • #776,807
  • Sep 20, 2023 1:37pm Sep 20, 2023 1:37pm
Went long with 2 positions again.
Secret to the Price Action is Liquidity.
  • #776,808
  • Sep 20, 2023 1:37pm Sep 20, 2023 1:37pm
Come on mister eu
Don't be like crooky gu
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yes yes yes
  • #776,809
  • Sep 20, 2023 1:38pm Sep 20, 2023 1:38pm
Quoting greenpips4
{quote} that is the plan 2325 is my area
I don't have levels. I just look for direction. It might not reach your level. Buy it without it.
  • #776,810
  • Sep 20, 2023 1:38pm Sep 20, 2023 1:38pm
Attached Image (click to enlarge)
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Got that position running let's see if it will hit our tp
I live in the future
  • #776,811
  • Sep 20, 2023 1:38pm Sep 20, 2023 1:38pm
Quoting T721
GU UPDATE ---- just woke up and all positions in profit. would have liked better to see gu not up this far atm.. possible spike down with news then up but if you are not long already dont follow me
Nice expected drop with news --- still in longs and added more... Think news tomorrow should continue the up push MY 3cents
  • #776,812
  • Sep 20, 2023 1:39pm Sep 20, 2023 1:39pm
i dont use twitter so can someone post a link to the play by play
short trump and go long the deepstate
  • #776,813
  • Sep 20, 2023 1:40pm Sep 20, 2023 1:40pm
Quoting T721
{quote} Nice expected drop with news --- still in longs and added more... Think news tomorrow should continue the up push MY 3cents
In other news i am a little underwater ftse and looking to add
  • #776,814
  • Sep 20, 2023 1:42pm Sep 20, 2023 1:42pm
Ok, he said it: They could imagine to raise rates one more time! Depends on numbers, "convincing evidence". I think we see new low today.

They currently collecting shorts. May be waiting until he finished talking. He sounds stable. Good for USD. Short start below 1.2770
  • #776,815
  • Sep 20, 2023 1:46pm Sep 20, 2023 1:46pm
Anti-climax
Or too early toconclude?
  • #776,816
  • Sep 20, 2023 1:47pm Sep 20, 2023 1:47pm
price is in no mans land on 15 min so will just keep short orders in

i wouldnt buy unless on a test of 2330
short trump and go long the deepstate
  • #776,817
  • Sep 20, 2023 1:47pm Sep 20, 2023 1:47pm
Methinks, any price movement at this point no longer has any relation to Fed projections...

The gyration now has become the speculators' playground. As it is, the 1.23072 low in May will definitely be breached before GU makes a move up --- retracement or a real uptick, I cannot say. But I'm sure this pair is due for an uptick.
"No trade is still a trade." - Peter Borish
  • #776,818
  • Sep 20, 2023 1:50pm Sep 20, 2023 1:50pm
Quoting Lbrto
Methinks, any price movement at this point no longer has any relation to Fed projections... The gyration now has become the speculators' playground. As it is, the 1.23072 low in May will definitely be breached before GU makes a move up --- retracement or a real uptick, I cannot say. But I'm sure this pair is due for an uptick.
I forgot that up next is the BOE's meeting.
"No trade is still a trade." - Peter Borish
  • #776,819
  • Sep 20, 2023 1:50pm Sep 20, 2023 1:50pm
Hilarious tweet
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Wonder if UJ will get to 149, landmines fields for BOJ intervention
More time in the market, does not mean you trade better!
  • #776,820
  • Sep 20, 2023 1:51pm Sep 20, 2023 1:51pm
Selling the tops, buying the dips worked well for me, hope you tp-eed a few.
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